He's just shooting the shit and speculating. His thesis hasn't changed. Focus is on Ryan Cohen and whether he can perform. It's a turnaround story as GME pivots and transforms from it's legacy business. He's claims he's not working with anyone, not backed by anyone, just his own capital. last look, 645k are watching live
A “turnaround story” so he bought Calls that expire in two weeks??? Where did he get 200M from? none of this makes sense
I can't believe he didn't hedge his calls with some short calls when it went up he could have owned them for free or a credit
That was honestly one of the dumbest things I've ever listened to and he sounds completely insane at this point.
He got it from exercising those calls and selling the shares back in 2021. I am sure he spent the past 3 years getting some venture capitalist money to stake his next escapade, which we see is currently exploding in his face.
The question is how much cash will they raise from this? That and their assets alone probably now make it worth more than where it bottomed.